Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: kahunabear who wrote (2229)	2/18/1998 2:23:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 5676

Britt, maybe you did, I think maybe we might be in for a whipsaw, the kind that will send most to their doctor for a neck collar. Possible:???? If you take the SPX chart and draw a trendline off the two most important peaks in the last 6 months Aug 7th and Oct. 8th, it pretty closely connects with where we are at now (hint go back and read my megaphone theory - plan b for bobby or bwdik or bear-yah) Bears are falling by the wayside in droves (myself included) and this thread has become very quiet again with a 3 day gap with no posts, coincidentally there were such gaps around Dec. 8th market turn and Jan 13th market turn. Almost everybody that was a bear, has thrown in the towel and gone long, sold their bearx and Tice has little money to hold the NDX up on a fall. Talking about mania - irrational exhuberance - crazyness, we are thin strand away from a possible WWIII or at least major military incursion in one of the most volitile areas in the world and people are bidding the Dow higher?!?! Next week is the opening of a narrow window for a strike before the Haji in Saudi Arabia. (remember the mantra not days, not months, but weeks) Somebody wake up here. If the missiles start flying, are traders going to hold onto a 2 month 35% profit in SOFT for the long term -g- This market is even in deeper overbought territory than Dec. 8th and the bulk off the money is in a narrow band of 'safe issues'. and there is that darn silver indicator:https://www.siliconinvestor.com/readmsg.aspx?msgid=3371131 and the last spike was a jolly one. Pray for our Guys and Gals and All in the Middle East. bobby